NASDAQ Cancels 'Erroneous' Trades in Garmin (GRMN)

December 27, 2012 10:20 AM EST
NASDAQ said Thursday morning it is canceling trades in Garmin Ltd. (NASDAQ: GRMN) at or above $42.77 that were executed in NASDAQ between 09:30:00 and 09:31:00 ET.

NASDAQ will be canceling trades on the participants behalf and said the decision cannot be appealed.

NASDAQ called the early transactions "erroneous."

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